The System II (Yes with irony) | Page 748 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

We all need pivots to win..yes or not? 13 replies

The System (Irony included) 1,175 replies

Attachments: The System II (Yes with irony)
Exit Attachments

The System II (Yes with irony)

  • #14,941
  • Feb 3, 2010 3:08am Feb 3, 2010 3:08am
Quoting mac1956
NICE BIG GREEN ONES!!!!!
Yes, !!! Got back all my small losses and still have some left over for my ant's work !
  • #14,942
  • Feb 3, 2010 3:11am Feb 3, 2010 3:11am
He, He, I think my broker's playing me up here ! Keeps freezing my platform. They can't understand why I haven't been giving them money the past few weeks! They don't know my new secret weapon (ssshhh! System2)
  • #14,943
  • Feb 3, 2010 3:15am Feb 3, 2010 3:15am
Anyone else in on the move? Skris, are you still on board?
  • #14,944
  • Feb 3, 2010 3:15am Feb 3, 2010 3:15am
Quoting Bakuli
He, He, I think my broker's playing me up here ! Keeps freezing my platform. They can't understand why I haven't been giving them money the past few weeks! They don't know my new secret weapon (ssshhh! System2)


Yep, Bakuli.... I did read and trade a lot of different systems in order to find that one which I will LOVE with all my heart....


And I find it - The System II (yes with irony).

The best weapon the people have ever seen.
  • #14,945
  • Edited 3:43am Feb 3, 2010 3:25am | Edited 3:43am
Quoting dim4ik42
Yep, Bakuli.... I did read and trade a lot of different systems in order to find that one which I will LOVE with all my heart....


And I find it - The System II (yes with irony).

The best weapon the people have ever seen.
I couldn't agree with you more! I was a losing trader until I found home here! Again I can't thank Feb enough here and of course Fxa for helping to make it easier for us to follow the plan.
As we approach the 1000th page, isn't it a co-incidence we are in the month of FEB too ?!!! Here's to the great FEB. Hope he is well and watching us develop as traders from his teachings.
  • #14,946
  • Feb 3, 2010 3:25am Feb 3, 2010 3:25am
Quoting Bakuli
Anyone else in on the move? Skris, are you still on board?
  • #14,947
  • Feb 3, 2010 3:26am Feb 3, 2010 3:26am
Lol! When is this run going to stop! I am late for my work!!! Good job I work for myself so no boss to tell me off!
  • #14,948
  • Feb 3, 2010 3:32am Feb 3, 2010 3:32am
I am still waiting for a fcr to form so I can park my SL there. No signs of it yet. What a runner after all the roller coaster PA the last two days ( Luckilly I missed all that due to work).
  • #14,949
  • Feb 3, 2010 3:40am Feb 3, 2010 3:40am
Quoting Bakuli
I couldn't agree with you more! I was a losing trader until I found home here! Again I can't thank Feb enough here and of course Fxa for helping to make it easier for us to follow the plan.
As we approach the 1000th page, isn't it a co-incidence we are in the month of FEB too ?!!! Here to the great FEB. Hope he is well and watching us develop as traders from his teachings.


I agree with you all the way!!!!!

Feb and Fxa are great men, who did change my whole life!!!!!!

The day when I did find this thread - is my second birthday!!!!!

They are Super Great men!!! I love them very!
  • #14,950
  • Edited 4:31am Feb 3, 2010 3:51am | Edited 4:31am
Fcr forming , so moved my SL there. No sell stop in place there (which is my normal strategy ie stop and reverse) as I can't baby sit the trade.


edit. Moved my SL to 4008 and soon got taken out. Not too big a run but good enough !Ok, trade well folks, I am off to work elsewhere now!
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 12 KB
  • #14,951
  • Feb 3, 2010 4:09am Feb 3, 2010 4:09am
Quoting fxachilies
ok why LV is significant? ummmmmmm the answer lays between 995 pages..

ok start here.. refer to post 11847.. and take it from there..
thks to Fxa and Royston

appreciated
All that matters is winning the week
  • #14,952
  • Feb 3, 2010 7:28am Feb 3, 2010 7:28am
hi,
as you all see I am on the short runner from original entery.. now..

can anyone tell me the reason Fxa still is in the trade and did not exit and reverse at the X spot..

the answer is within the plan..


http://cdn.forexfactory.com/images/attach/gif.gif
Attached Image (click to enlarge)
Click to Enlarge Name: 555.gif Size: 20 KB
  • #14,953
  • Edited 8:21am Feb 3, 2010 7:29am | Edited 8:21am
Quoting fxachilies
hi,
as you all see I am one the short runner from original entery.. now..

can anyone tell me the reason Fxa is still in the trade and did not exit and revers at the X spot..

the answer is within the plan..


http://cdn.forexfactory.com/images/attach/gif.gif
#1 scenario 1. Favorable RR .

I got this short a little bit latter though at 1.3989, searched for the loop. By the balls now traders.
You wont survive without preserving!!!
  • #14,954
  • Feb 3, 2010 7:52am Feb 3, 2010 7:52am
Quoting fxachilies
hi,
as you all see I am on the short runner from original entery.. now..

can anyone tell me the reason Fxa still is in the trade and did not exit and reverse at the X spot..

the answer is within the plan..


http://cdn.forexfactory.com/images/attach/gif.gif
is it that the original entry is fcr1 with#2 play? So stop was still above the highs.

Or did you see that as a consolidation bracket entry? I don't think so otherwise you would have closed much faster
  • #14,955
  • Edited 1:03pm Feb 3, 2010 7:53am | Edited 1:03pm
Quoting fxachilies
hi,
as you all see I am on the short runner from original entery.. now..

can anyone tell me the reason Fxa still is in the trade and did not exit and reverse at the X spot..

the answer is within the plan..


http://cdn.forexfactory.com/images/attach/gif.gif
You've got me stumped with this one. I took the same trade but exited at be becasue:
1) PA started moving fast back to me
2) the trade hadn't sustained it's move in my favour within a reasonable period of time
3) PA had settled into a bracket

Maybe a bit premature but I would definitely have exited after the double bottom and the fcr passed at 1.4009 - plan rule....'never hold a trade that breaks a valid FCR'. I know the price stayed 1 pip within 5 pips of the LV but felt all the other factors were stronger argument to bail out.

Keen to find out what you saw that I didn't.
Attached Image (click to enlarge)
Click to Enlarge Name: 030210.jpg Size: 69 KB
  • #14,956
  • Feb 3, 2010 7:58am Feb 3, 2010 7:58am
Quoting Bakuli
Anyone else in on the move? Skris, are you still on board?
Nah mate (only just saw your post), closed my long at BE as had to go to work, and hey presto here i am 5 hours later, kickin myself i missed these 2 beauties, oh well next time, good stuff bakuli.
  • #14,957
  • Feb 3, 2010 8:03am Feb 3, 2010 8:03am
Quoting fxachilies
hi,
as you all see I am on the short runner from original entery.. now..

can anyone tell me the reason Fxa still is in the trade and did not exit and reverse at the X spot..

the answer is within the plan..


http://cdn.forexfactory.com/images/attach/gif.gif
i am going to answer with your own words fx
"next.. if its a SF.. you will play #1 scenario 1.. (SL 5 pips below/above LV).. and whenever thats done.. write it down (eg. +70.. ya think positive.. lol)"

it was a sf >10 pips and less than 20-30 pips so you were prepared to give it all away.

and you reached +70 ... lol

p.s. i am NEVER going out to lunch ... only delivery from now on. i closed at db since i had to run and when i came back ... expensive lunch.
  • #14,958
  • Feb 3, 2010 8:06am Feb 3, 2010 8:06am
Quoting fxachilies
hi,
as you all see I am on the short runner from original entery.. now..

can anyone tell me the reason Fxa still is in the trade and did not exit and reverse at the X spot..

the answer is within the plan..


http://cdn.forexfactory.com/images/attach/gif.gif
I exited at BE near the X because there was a failed attempt at breaking the lower level and price looked like it was heading back up, therefore i didnt give it much room in terms of risk. Looks like it was the wrong thing to do.. im not 100% sure why though as i thought i was following the plan. How come you guys held on?
  • #14,959
  • Feb 3, 2010 8:29am Feb 3, 2010 8:29am
I too exited. And I don't think I did something wrong. and I didn't took long, I was thinking about reentry but the price was breaking very slowly. So I didn't reenter.
Failure is the mother of success: learn from 'her'
  • #14,960
  • Feb 3, 2010 8:41am Feb 3, 2010 8:41am
i hear you all.. i want everyone to be heard.. this is a important one.. so give your opinion.. don't shy away, thats how u grow..


i be back in couple of hours.. and I will give you guys a post to remember..


i just closed this for 55 big ones and 42 from earlier today.. thats is good enough to take her to a nice dinner... see you in a few..



ps) i will sure take note of who is participating and who not..
2 traders viewing now